dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Lah!

Singapore And The United Kingdom Launch Negotiations On Digital Economy Agreement

  • June 29, 2021
Total
0
Shares
0
0
0

Singapore and the United Kingdom (UK) have launched negotiations on a UK-Singapore Digital Economy Agreement (UKSDEA). This was announced today before the videoconference between Minister-in-charge of Trade Relations S Iswaran and UK Secretary of State for International Trade Elizabeth Truss.

Mr Iswaran said, “The digital economy is a catalyst for economic growth and the transformation of enterprises. It is a bright spot that has remained resilient despite the challenges of the COVID-19 pandemic. I am pleased that Singapore is enhancing our network of Digital Economy Agreements (DEAs) with a like-minded and digitally progressive partner like the UK. The UKSDEA will build on the momentum of the UK-Singapore Free Trade Agreement and promote trusted, robust and connected digital markets for the benefit of our people and businesses. As the first DEA between an Asian and a European country, the UKSDEA will also enhance region-to-region digital connectivity, enabling businesses to use Singapore and the UK as digital gateways to access new opportunities in Asia and Europe.”

The UKSDEA seeks to facilitate digital trade and open up new opportunities in Singapore, the UK and our respective regions by making it easier to do business digitally between Singapore and the UK. This will include establishing forward-looking rules to enable trusted cross-border data flows, prohibit data localisation, and ensure high standards in data protection. It will also facilitate seamless digital trade and business through interoperable digital systems, connect the thriving innovation ecosystems in the UK and Singapore, and explore the use of emerging and innovative technologies such as Artificial Intelligence (AI). Recognising that cybersecurity is a key enabler of the digital economy and the smart nation, these initiatives will be undergirded by cybersecurity cooperation to promote trust and confidence in a secure and resilient digital economy.

Businesses of all sizes stand to benefit from the increased clarity and reduced transaction costs associated with seamless digital transactions. The UKSDEA also seeks to leverage Singapore’s and the UK’s strengths as innovation and financial hubs in our respective regions. Under the agreement, we aim to explore cooperation to connect our technology ecosystems, and open up opportunities for startups. We welcome feedback from businesses and consumers on areas of interest to be included in the UKSDEA.

The launch of the UKSDEA is part of a series of DEAs1 that Singapore has embarked upon. These agreements are an inter-agency effort led by the Ministry of Trade and Industry, Ministry of Communications and Information, and the Infocomm Media Development Authority to advance collaboration in the digital economy and enhance digital connectivity.

————————————————————————————————————————–

1  The Singapore-Australia Digital Economy Agreement and the Digital Economy Partnership Agreement with Chile and New Zealand entered into force in December 2020 and January 2021 respectively.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • COVID-19
  • UK-Singapore Digital Economy Agreement
  • UKSDEA
dotlah.com

Previous Article
  • Lah!

Drawing On Design Principles To Build A 5G Future

  • June 29, 2021
View Post
Next Article
mpa-singapore
  • Cities
  • Lah!

19 Port Authorities Signed Declaration On Disruption, Digitalisation And Decarbonisation At The 6th Port Authorities Roundtable

  • June 29, 2021
View Post
You May Also Like
View Post
  • Lah!

Tariffs, Trump, and Other Things That Start With T – They’re Not The Problem, It’s How We Use Them

  • John Francis
  • March 25, 2025
View Post
  • Lah!

Canonical announces 12 year Kubernetes LTS

  • John Francis
  • March 4, 2025
dotlah-smartnation-singapore-lawrence-wong
View Post
  • Artificial Intelligence
  • Featured
  • Features
  • Lah!
  • Machine Learning
  • Technology

Growth, community and trust the ‘building blocks’ as Singapore refreshes Smart Nation strategies: PM Wong

  • Dean Marc
  • October 9, 2024
dotlah-singapore-ndp-2024
View Post
  • Lah!

Here’s what to expect for NDP 2024!

  • dotlah.com
  • August 9, 2024
dotlah-singapore-airlines_may_21-1716298816
View Post
  • Lah!

Severe turbulence during Singapore Airlines flight leaves several people badly injured. One man died

  • majulah
  • May 22, 2024
dotlah-pm-lee-lawrence-wong-9656d4cd-1fa4-40ed-905d-e19e639b8476_728802dd
View Post
  • Lah!
  • People
  • Politics

End of Lee Era for Singapore as PM Steps Down

  • dotlah.com
  • May 16, 2024
DPM Lawrence Wong will be Singapore's fourth prime minister on May 15. ST PHOTO: LIM YAOHUI
View Post
  • Lah!
  • People
  • Politics

7 things to know about Singapore’s next prime minister Lawrence Wong

  • dotlah.com
  • May 15, 2024
When asked about his leadership style, DPM Lawrence Wong said he will be open and consultative, but he will not shirk from doing what is necessary for Singapore's future. ST PHOTO: LIM YAOHUI
View Post
  • Features
  • Lah!
  • People
  • Politics

‘We are prepared to relook everything’: Lawrence Wong on a changing society and his hopes for S’pore

  • dotlah.com
  • May 15, 2024


Trending
  • 1
    • Cities
    Life In A Big City When You Are A Student
    • March 25, 2020
  • Sylvox Unveils Next-Gen Outdoor TVs at CES 2025, Transforming Backyards into Cinemas, Gaming Arenas & Entertainment Hubs 2
    • Technology
    Sylvox Unveils Next-Gen Outdoor TVs at CES 2025, Transforming Backyards into Cinemas, Gaming Arenas & Entertainment Hubs
    • January 6, 2025
  • 3
    • Lah!
    Sembcorp Unveils Strategic Plan To Transform Its Portfolio From Brown To Green
    • May 29, 2021
  • 4
    • Lah!
    ASEAN To Intensify Efforts In Sustainable Consumption
    • September 14, 2019
  • 5
    • Technology
    Singapore Renews MOU On Cybersecurity Cooperation With Australia
    • March 24, 2020
  • 6
    • People
    • World Events
    How George Floyd Was Killed In Police Custody
    • June 2, 2020
  • 7
    • Working Life
    315,000 Singaporeans have used new career and skills planning tool by SkillsFuture Singapore
    • May 23, 2025
  • 8
    • People
    What Is Juneteenth And Why Are People Celebrating It?
    • June 19, 2020
  • 9
    • Technology
    ST Engineering And Wilhelmsen Ships Service To Collaborate On Developing Unmanned Aerial Operations For Shore-to-Ship Parcel Deliveries
    • February 12, 2020
  • chainlink 10
    • People
    Which Prisons Offer The Most Freedom For Incarcerated Prisoners?
    • December 10, 2020
  • 11
    • Technology
    How Manufacturing Firms Stand To Gain From The Next Wave Of Industrial Transformation
    • February 27, 2022
  • college-of-cardinals-2025 12
    • Featured
    • Features
    • World Events
    The Definitive Who’s Who of the 2025 Papal Conclave
    • May 8, 2025
Trending
  • 1
    New Trump tariffs: early modelling shows most economies lose – the US more than many
    • August 6, 2025
  • Scuba Diving 2
    Wetsuit or Drysuit? As always, it depends. This quick guide can help you choose.
    • August 2, 2025
  • 3
    Thoughts on America’s AI Action Plan
    • July 24, 2025
  • 4
    Introducing Surface Laptop 5G: Seamless connectivity, built for business
    • July 23, 2025
  • 5
    Press Start (Or Hit Enter)! Your Go-To Loadout for Streamers and Gamers.
    • July 19, 2025
  • 6
    ESWIN Computing launches the EBC77 Series Single Board Computer with Ubuntu
    • July 17, 2025
  • 7
    Samsung Galaxy Z Fold7: Raising the Bar for Smartphones
    • July 9, 2025
  • Camping 8
    The Summer Adventures : Camping Essentials
    • June 28, 2025
  • 9
    Meralco PowerGen’s PacificLight starts up 100 MW fast-response plant in Singapore
    • June 20, 2025
  • 10
    A Father’s Day Gift for Every Pop and Papa
    • June 14, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.